Jcurve
Altcoin rocketship fueling up? This chart is pretty straight forward, but I'll annotate what I see happening.
I've said this on many youtube videos, twitter post and on reddit that I'm noticing a very similar pattern from 2015 and now. Seeing how this is on a weekly time frame, this will require some patience to develop.
www.reddit.com
twitter.com
2015:
Major Correction - 84% drop
Bear Trap - 56% drop
Followed by a rocket ship of a uptrend that lasted the latter 2 years of the 4 year BTC cycle. Notice that the total market cap gain from bottom to top is a 6356.51x gain
2019:
Major Correction - 90%
Bear Trap? - 46% so far (Could have a little bit more to go)
Directly 4 years since the last cycle which puts us very close to the next "rocket ship uptrend."
Lets also notice that from June 2014 to Jan 2018 looks like a big J with the bottom part of the J forming a W. Fast forward to now, we look as if we are forming the bottom of a J and the second dip of a W. If we do even just a quarter of what 2015-2018 did, we're looking at atleast a 1500x gain in total marketcap. Of course this is not going to be distributed evenly. Some will see higher gains than others, but should we follow history we're in for a very crazy ride.
What I want to see before entering another position in altcoins is for my indicators to be going up while the marketcap is either going sideways or going lower. As of right now, alts are under the wine press, but they nay not be for much longer. Only a few months if we follow the pattern. Remember, the tortoise wins the race.
Lastly, I'm not your uncle, this isn't financial advice. Everything said here is for informational purposes only. I'm only giving my opinions based off what I am seeing in the charts. Always make sure to do your own research and come up with your own conclusions before investing.
Donate:
BTC: 3NiagBLCT2EeecFDYSBwKpoC2wDuVi1B2P
LTC: LcQzho9WDH1TCH9diS9ioiTBjvRuJ9NyCR
TRX: TG676iPXWwQYiBb1TjPFSAiVypFfgHXvZ8
BITCOIN (BTC) on Huge J-Curve - Unimaginable Profits Ahead GuysBitcoin (BTC) is on a huge J-Curve and for my Crypto Maniacs this is a trade of a lifetime, jokes aside, whether you're in alts or bitcoin.
Potential that Bitcoin begins uptrend in 2018 is huge. Starting from BAKKT exchange, going through Nasdaq, JP Morgan and ending with ETF (coming this or early next year), there is no doubt that whatever we have seen in December, is nothing compared to what's to come. With numerous bullish patterns visible on Bitcoin chart, such as bull flag, downward wedge and others (all of which can be found below in this description), we can be assured that real uptrend is yet to come. With rapid crypto adoption, regulations coming through, countries accepting the new digital currency world, we holders have nothing to worry about.
With that said, we have new patterns developing for cryptocurrency which we have not seen before and will never see on a traditional stock market. We are just starting to disrupt 21 century. If you're in cryptocurrency right now, you're in for quite a ride because with such low market capture we have room for growth like no other stock.
Back when Bitcoin price was just $100, everyone was saying that $1,000 would be where Bitcoin maxed out, because there was just not enough money in the world that would be invested in Bitcoin. At $1,000 everyone was saying that $10,000 will never happen, and Bitcoin fan boys should just give up and take their profits while they still can. When we went over $10,000 on rapid climb to $20,000 in 2017, we have seen on the daily, from people in news media, tradingview 'experts', professors, bank managers giving bearish predictions with corrections being predicted at $10,500 ; $10,750 ; $11,000 and son on until we reach $20,000 or just under it on some exchanges. Well you get the point right?
This goes for the 5% of crypto coins out there which actually introduce some breakthrough tech, not for 95% of scam coins.
Enjoy this trade my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
NOTE - THIS SPECIFIC CHART IS NOT PREDICTION OR ESTIMATE OF PRICE. THIS CHART IS FOR PATTERN IDENTIFICATION PURPOSES ONLY.
TRON TRX Huge J-Curve - Unimaginable Profits - CryptoManiac101TRON had some corrections with attempts of breakout but when we look at bigger picture it becomes much more clearer that TRON's future could not be brighter with their dedicated team, ex-ripple labs executive, massive partnerships and potential connection to XRP in the near future.
J-Curve together with W pattern is what we are looking at here. J-Curve will be confirmed within weeks and W pattern must be confirmed this month to be valid.
TRON is keeper crypto, not short term investment.
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
TRON (TRX) on a Huge J-Curve - Unimaginable Profits Ahead GuysTron (TRX) is on a huge J-Curve and for my Crypto Maniacs this is a trade of a lifetime, jokes aside.
Potential that this coin has with it's firm development team we are in the first phase of uptrend. No waves, no fibonacci curves, all that doesn't work for crypto for the most part. We have new patterns developing for cryptocurrency which we have not seen before and will never see on a traditional stock market. We are just starting to disrupt 21 century and we are years away from it. If you're in cryptocurrency right now, you're in for quite a ride because with such low market capture we have room for growth like no other stock.
This goes for the 5% of crypto coins out there which actually introduce some breakthrough tech, not for 95% of scam coins.
Enjoy this trade my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.